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Investor Day Presentations

4th Jul 2018 07:00

RNS Number : 4998T
RDI REIT PLC
04 July 2018
 

 RDI REIT P.L.C.

 ("RDI" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

LEI: 2138006NHZUMMRYQ1745

 

INVESTOR DAY PRESENTATIONS

 

 

RDI, the FTSE 250 income focused UK-REIT, hosted an investor day and property tour in London on Thursday, 28 June 2018.

 

The focus of the day was on landlords becoming service providers and the importance that active asset management plays in generating long-term sustainable and growing income. The event was hosted by the management teams of RDI and its strategic operational partners, Office Space in Town and RBH Hotel Group. The Company presented a strategic update on its recent hotels and serviced office acquisitions and hosted a panel debate. The panel included our operational partners and external sector experts, corroborating the structural change in occupier demand driving the need for flexibility and high-quality services.

 

All presentations and videos can be accessed via the homepage of the Company's website: www.rdireit.com.

 

 

For further information:

 

RDI REIT P.L.C.

Mike Watters, Stephen Oakenfull, Janine Ackermann

 

 

Tel: +44 (0) 20 7811 0100

FTI Consulting

UK Public Relations Adviser

Dido Laurimore, Claire Turvey, Ellie Sweeney

 

 

 

Tel: +44 (0) 20 3727 1000

Instinctif Partners

SA Public Relations Adviser

Frederic Cornet

 

 

 

Tel: +27 (0) 11 447 3030

Java Capital

JSE Sponsor

 

 

Tel: +27 (0) 11 722 3050

Note to editors:

About RDI

RDI is a FTSE 250 UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term.

Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector or tenant, together with an efficient capital structure. The secure and growing income stream is 25.9% indexed and has a WAULT of 6.8 years to first break (8.2 years to expiry). This is complemented by an average debt maturity of 7.0 years of which over 90% of interest costs are either fixed or capped. The Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt.

The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's two largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals spread across UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail parks, UK hotels and German retail. RDI is well placed to take advantage of the increasing occupier requirement for real estate owners to become high quality service providers, given its scalable operational platforms and nearly a third of the portfolio invested in hotels and London serviced offices.

RDI holds a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange and is included within the FTSE 250, EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

All figures as at 28 February 2018

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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